ECO 365 MART Inspiring Innovation--eco365mart.com

1
ECO 365 MART Inspiring Innovation--eco365mart.com
2
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Final Exam Guide (New, 2018) FOR MORE
CLASSES VISIT www.eco365mart.com 1 During the
winter break, Sam decides to go for a skiing
vacation in Aspen instead of taking piano
lessons. The opportunity cost of the skiing
vacation is the cost of accommodation and food
in Aspen. value
3
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Final Exam Guide (New, Dec 2015) FOR
MORE CLASSES VISIT www.eco365mart.com 1). The
DeBeers company is a profit-maximizing monopolist
that exercises monopoly power in the distribution
of diamonds. If the company earns positive
economic profits this year, the price of diamonds
will
4
ECO 365 MART Inspiring Innovation--eco365mart.com
  ECO 365 Final Exam Guide 1 FOR MORE CLASSES
VISIT www.eco365mart.com 1. Because you can only
obtain more of one good by giving up some of
another good, the shape of a production
possibility curve is _______________. 2. Refer to
the table shown. The average product when eight
workers
5
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com What is
economics? What role does economics play in your
personal and organizational decisions? Provide an
example of the role of economics in decision
making.
6
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com Identify a
recent purchase in which the price of the product
was an important consideration in the
decision-making process related to purchasing the
product. What other factors affected your
decision?
7
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Individual Assignment Article
Analysis FOR MORE CLASSES VISIT www.eco365mart.c
om ECO 365 Week 1 Individual Assignment Article
Analysis
8
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Individual Assignment Economic
Analysis FOR MORE CLASSES VISIT www.eco365mart.c
om Prepare a 1,000-1,500 word paper in which you e
xplain what the difference is between a movement a
long and shift of the demand curve. Show the impac
t on the equilibrium price and quantity that resul
ts from 
9
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Individual Assignment Economic
Definitions Worksheet FOR MORE CLASSES
VISIT www.eco365mart.com Write the definition for 
each of the following 1. Law of Demand 2.
Law of Supply 3. Price Elasticity of Demand 4.
Macroeconomics 5. Microeconomics
10
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Individual Assignment Supply and
Demand Curve Worksheet (2 Sets) FOR MORE
CLASSES VISIT www.eco365mart.com This Tutorial con
tains 2 sets of Worksheet Complete the Supply and 
Demand Curve worksheet.Submit through the Assign
ment tab. Answer the following questions Write the
 definition for each of the following 1. Law of D
emand
11
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 1 Ten Principles of Economics and
How Markets Work (2 Papers) FOR MORE CLASSES
VISIT www.eco365mart.com   ?This Tutorial
contains 2 Papers As part of a marketing research
committee for your organization, you have been
assigned the task of preparing a 700-word
research paper about current microeconomic
thought and theory
12
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com What is the law
of diminishing marginal productivity? How does
the law of diminishing marginal productivity
affect the cost of productions? Provide an
example from your workplace.
13
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com Why is the
demand of labor a derived demand? What is the
relationship between productivity and the wages
earned by employees where you work or at an
organization with which you are familiar
14
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 week 2 Individual Assignment Supply and
Demand Simulation (Microeconomics and the Laws of
Supply and Demand ) (3 Papers) FOR MORE CLASSES
VISIT www.eco365mart.com This Tutorial contains 3 
different Papers Complete the Supply and Demand
Simulation located on the student
website. Write 700 - 1,050-word paper of no For
each shift, analyze how it would affect
15
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Learning Team Reflection
Production and Cost Analysis FOR MORE CLASSES
VISIT www.eco365mart.com Discuss this weeks
objectives with your team. Include the topics you
feel comfortable with, any topics you struggled
with, and how the topics relate to your
field.   Prepare a 350- to 1,050- word paper
detailing the findings of your discussion.
16
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Team Assignment Elasticity Paper
(Substitute or Compliment) FOR MORE CLASSES
VISIT www.eco365mart.com Reflect on why some produ
cts become substitutes and why some are compliment
s (e.g. hot dogs and hot dog buns).  Prepare a 350
- to 1,050- word paper detailing the findings of y
our discussion
17
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Team Assignment Markets and the
Economics of the Public Sector (2 Papers) FOR
MORE CLASSES VISIT www.eco365mart.com ?This
Tutorial contains 2 Papers ECO 365 Week 2 Markets
and the Economics of the Public Sector You have
been assigned to a team that has the
responsibility of preparing a paper consisting of
1,750 words
18
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 2 Team Assignment Product
Substitution Versus Product Compliment FOR MORE
CLASSES VISIT www.eco365mart.com ECO 365 Week 2 Te
am Assignment Substitute vs Compliment
19
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 3 Current Market Conditions
Competitive Analysis FOR MORE CLASSES
VISIT www.eco365mart.com ?ECO 365 Week 3 Current
?Externalities and government public policy and
their effect on marginal revenue and marginal
cost Recommend how your organization can
maximize their profit-making potential and
increase
20
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 3 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com What conditions
exist when economic profits are maximized? What
is the difference between economic and accounting
profits? What are economic profit-maximizing
strategies that may be made
21
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 3 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com What are some
real-life examples of monopolistically
competitive, oligopoly, and monopoly markets? How
do market prices differ between perfectly and
imperfectly competitive markets? Will a monopoly
22
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 3 Learning Team Reflection Summary
Market Structure FOR MORE CLASSES
VISIT www.eco365mart.com Discuss this weeks
objectives with your team. Include the topics you
feel comfortable with, any topics you struggled
with, and how the topics relate to your
field.   Prepare a 350- to 1,050- word paper
detailing the findings of your discussion.
23
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 week 3 Team Assignment Current Market
Conditions Competitive Analysis (3 Papers) FOR
MORE CLASSES VISIT www.eco365mart.com This tutoria
l contains 3 sets of paper     Imagine you are
part of a strategic planning group at a large
corporation that
24
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Paper (New Syllabus),Starbucks FOR
MORE CLASSES VISIT www.eco365mart.com You will app
ly important microeconomics concepts toward the co
mpetitive strategies of an organization that opera
tes in an industry of your choice.  You will evalu
ate the differences between market structures 
25
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (Mayo Clinic) FOR MORE
CLASSES VISIT www.eco365mart.com You will apply im
portant microeconomics concepts toward the competi
tive strategies of an organization that operates i
n an industry of your choice.  assignment options
 Paper
26
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New Syllabus),Starbucks
FOR MORE CLASSES VISIT www.eco365mart.com You wil
l apply important microeconomics concepts toward t
he competitive strategies of an organization that 
operates in an industry of your choice. You will e
valuate the  differences between market structures
 and identify a group of competitive 
27
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Differentiating Between Market
Structures Presentation (New), Apple Company
FOR MORE CLASSES VISIT www.eco365mart.com You wil
l apply important microeconomics concepts toward t
he competitive strategies of an organization that 
operates in an industry of your choice. You will e
valuate  the differences between market structures
 and identify a group 
28
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Discussion Question 1 FOR MORE
CLASSES VISIT www.eco365mart.com What is an
externality? Provide at least three examples. How
does one of the examples you provided affect the
market outcome? What is the role of government in
addressing the implications of an externality you
provided as an example? Is it possible that a
governments solution to a market failure would
worsen the failure? Explain your answer.
29
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Discussion Question 2 FOR MORE
CLASSES VISIT www.eco365mart.com What effect do
government intervention, taxation, and
regulations have on economic behavior?
Explain.What are real-world examples of
government intervention, taxation, and
30
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Individual Assignment
Differentiating Between Market Structures Table
FOR MORE CLASSES VISIT www.eco365mart.com For
this assignment, you will choose from the
following options   Option 1 Differentiating
Between Market Structures in Kudler Option 2
Differentiating Between Market Structures in an
Organization
31
ECO 365 MART Inspiring Innovation--eco365mart.com
ECO 365 Week 4 Learning Team Reflection Public
Policy in Economics FOR MORE CLASSES
VISIT www.eco365mart.com Discuss this weeks
objectives with your team. Include the topics you
feel comfortable with, any topics you struggled
with, and how the topics relate to your field.  
32
ECO 365 MART Inspiring Innovation--eco365mart.com